President Emmerson Mnangagwa yesterday opened the Fourth Session of the 10th Parliament with a wide-ranging State of the Nation Address, outlining the Government’s legislative programme while highlighting economic growth, infrastructure development, social services and investment as key priorities.
The President said Zimbabwe had maintained macro-economic stability, with inflation falling to single-digit levels from January 2026, while foreign currency inflows reached US$10.7 billion during the first half of the year.
“Zimbabwe is open for business. The country has achieved sustained macro-economic stability over a considerable period of time. My Government has consolidated gains in price, currency and exchange rate stability. Inflation has been reduced to single-digit levels since January 2026.
The positive outturn has been supported by strong foreign currency inflows, which amounted to US$10.7 billion for the first half of 2026 and are expected to reach about US$20 billion by year-end,” he added.
Agriculture grew by 27.9 percent and contributed 2.2 percentage points to the country’s 8.3 percent GDP growth, although Government is preparing for possible drought conditions during the 2026/27 season.
“So far, my Government has put in place a Six Pillar Plan for resilience. This incorporates an Enhanced Strategic Grain Reserve; Accelerated Climate-Smart Production; Integrated Financing Architecture; Livestock Drought Mitigation; and Co-ordination as well as an Early Warning and Capacity Building mechanism,” President Mnangagwa said.
Mining, manufacturing and infrastructure were also identified as major drivers of economic activity, with Government pursuing mineral beneficiation, including lithium processing and iron and steel investments.
On energy, President Mnangagwa said power shortages had eased significantly.
“Remarkable improvements are evident in the Energy Sector. Frequent load shedding is now a thing of the past,” he said.
The legislative agenda includes amendments to the Electoral Act and Constitutional Court Act, alongside a new Delimitation Commission Act. Parliament will also consider Bills covering healthcare, road safety, police reforms, drug and substance abuse, trafficking in persons, firearms, agriculture, water and environmental protection.
President Mnangagwa said Government would continue pursuing development ahead of 2030.
“With less than four years remaining, until 2030, we have achieved unprecedented milestones as the united, peace-loving and hardworking people.
However, the journey continues, much work lies ahead. Let us leverage this Fourth Session of the 10th Parliament to reaffirm our commitment to scale up transformational results in all sectors of the economy and levels of society,”President Mnangagwa added.
The Fourth Session was formally opened yesterday, with Parliament recording the President’s address in its official Hansard.
